Which of the following is the present value of PHP 1,280,000 due in 5 years if the money is worth 12% simple interest? A. PHP 600,000 B. PHP 700,000 C. PHP 800,000 D. PHP 900,000

Q: Leo Jeriel borrowed Php 3,785 from a friend and promised to repay him in 9 months plus 12% interest.…

A: We want to find simple interest

Q: mple mteiest was eanmed of deposit earned an interest rate of %.

A: In this question, the concept of Simple Interest is applied. Simple Interest Simple interest is a…

Q: fi

A:

Q: A man barrowed Php. 2300 for 2 yearS. At the end of the year, he returned Php. 2,500 for principal.…

A: Given information Principal amount P=Php. 2300 Time period t=2 years Amount A=Php. 2500 We have to…

Q: Yvonne's taxable income for the last pay period was $999.70. If the federal income tax rate was 11%,…

A:

Q: Discount ₱15,800 for 11 months at 14.25%simple interest.

A:

Q: What amount of money will be borrowed in order to accumulate ₱94,200 invested for 1050 days paying…

A:

Q: you rented an aparment for 810 per month for 7 years. what is the toal amount you paid in rent?

A:

Q: The price of a condominium is $146,000. The bank requires a 5% down payment and one point at the…

A:

Q: You take a loan from your local bank. Determine the interest that is accrued on $7000 for five years…

A:

Q: At the end of 6 months, Mr. White pays Php 12,500.00 per month to the bank for 5 years for the car…

A: Given:  P(Principal amount per month)=$12500 R(Rate of…

Q: Suppose you want to have $400,000 for retirement in 30 years. Your account earns 8% interest.a) How…

A: The objective of this question is to calculate the monthly deposit required to reach a retirement…

Q: The total interest on a discounted loan is $40. If Bob received $480 into his bank account, what is…

A:

Q: Megan held a loan of $2,500 for 8 months and was charged interest of $181.67. What was the annual…

A: The objective of this question is to find the annual simple interest rate on a loan. The simple…

Q: Suppose you want to have $500,000 for retirement in 30 years. Your account earns 9% interest. a) How…

A: Suppose you want to have $500000 for retirement in 30 years. Account earns 9% interest. To find…

Q: a car costs $12500 and youre offered a loan that requires $800 down and a monthly payment of 228.29…

A: Monthly payments of 228.29 for 66 months contribute to 228.29*66 = 15067.14   And 800 down payment.…

Q: Nathan would like to buy a new car worth PhP 1,200,000.00. He decided to take an from a car…

A:

Q: Sofia obtained a house of 25-year mortgage for Php2,150,000. If his monthly payment is Php 15,500,…

A: Given that: Sofia obtained a house of 25-year mortgage for Php2,150,000. His monthly payment is Php…